(MENAFN) Germany's government spokesperson claimed on Wednesday that Moscow's move to prohibit oil deliveries to nations that set a price ceiling on Russian gasoline "has no practical significance."
Berlin is not concerned about the latest order issued by Russian President Vladimir Putin, according to Robert Saverin, a spokesperson for the German Ministry of Economic Affairs and Climate Action.
He also mentioned that “I don’t want to say that it is irrelevant, but it has no practical significance. We have been preparing to replace Russian oil exports since early summer.”
Noting that “overall, we have been working to ensure the security of supply. It continues to be assured, regardless of whether this decree has been issued or not.”
On Tuesday, Putin issued a directive banning the export of oil and petroleum products to nations that set a price ceiling on Russian gasoline. The decree is effective as of February 1 and is in force through July 1.
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